What BTG Pactual's Mounting Crisis Means for Brazil and Beyond

  • Founder's arrest adds to investor concerns amid economic slump
  • Legal inquiries are `very difficult' to price, strategist says

The Chances of a Depression in Brazil

In the ranks of global financial institutions, Grupo BTG Pactual SA is a minnow with a balance sheet smaller than Cleveland-based KeyCorp’s. To a Brazilian economy already in peril, it seems much bigger.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.